"February 2025 blocking orders
On 10 and 11 February 2025, the FinSurv of the SARB issued orders in terms of the provisions of Regulation 22C(2)(b) of the Exchange Control Regulations, 1961, ordering that no person may deal in any manner with shares held by Ainsley Holdings Proprietary Limited in Pepkor Holdings Limited to the value of ZAR14 billion (the "Ainsley ECR 22C(2) Orders"). Ainsley Holdings Proprietary Limited is a wholly owned indirect subsidiary of the Company.
The Ainsley ECR 22C(2) Orders were issued by FinSurv purportedly on the basis that FinSurv on reasonable grounds suspects Ainsley Holdings Proprietary Limited to have allegedly committed a contravention, failed to comply with, o r omitted to perform an act in terms of various provisions of the Exchange Contro! Regulations. The Ainsley ECR 22C(2) Orders state that they shall remain in force until expressly uplifted by FinSurv.
In terms of ECR 22D of the Exchange Control Regulations, Ainsley Holdings Proprietary Limited is entitled to bring an application in a competent court for the review of the Ainsley ECR 22C(2) Orders, or for other appropriate relief, which it intends to do."
IBEX RSA HOLDCO LIMITED
"Full accounts made up to 30 September 2024"
S. 50
...information.service.gov.uk/company/14897579/filing-history